dealers

Retail Asia01/03/2024

Dealerships are slashing the prices of numerous motorbike models to stimulate demand in the quiet post-Tet (Lunar New Year) season. Standard Honda Vision models are on sale for VND30 million (US$1,218.2) at some dealerships, down VND1-2 million from before the Tet holiday, which ran from February 8 to 14. Notably, all versions of the Honda Winner X […]

Retail Asia30/10/2023

Mercedes distributor Hang Xanh Motors Service Joint Stock Company saw net profits for the third quarter plummet by 87% year-on-year to VND8 billion (US$333,000). It attributed the fall to plunging sales and increasing costs. Administrative costs jumped 54% to VND29 billion, according to its audited financial statements. Its revenues fell by 44% to VND2.9 trillion, […]

Retail Asia28/09/2020

Harley-Davidson has decided to discontinue its sales and manufacturing operations in India, as part of restructuring actions that the company refers to as ‘The Rewire’ strategy. On Thursday, Harley-Davidson informed its employees of additional restructuring costs amounting to $75 million in 2020, which includes discontinuing the iconic American brand’s operations in India. Total costs associated […]

Retail Asia22/09/2020

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Skoda Auto India is currently focusing on expanding its footprint across the country. Apart from adding new outlets, the company will also be replacing the existing ones, who do not have enough financial resources to expand with the brand. The Czech automaker is working on the dealer expansion network throughout the country alongside its digital […]

Retail Asia25/03/2020

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Auto retailers have been slow to embrace e-commerce, but the coronavirus pandemic is changing that. Online traffic has risen even as in-person showroom traffic has disappeared. Auto dealers are embracing digital tools to close deals without a handshake and arranging for vehicles to be picked up or delivered without requiring customers to come to their […]

Retail Asia16/01/2020

Mercedes-Benz India has started 2020 with a bang announcing the launch of the EQ electric sub-brand in India, but there’s a lot more coming and on January 28, 2020, the company will launch the GLE SUV in the country. There are of course more launches scheduled this year and that’s one reason why even the […]

Retail Asia30/07/2019

Toyota Motor Corp. must pay $15.8 million to a California dealer who accused it of retaliating against him because he had developed safety-recall software that was costing the automaker millions of dollars in car repairs. A state court jury in Santa Ana on Monday found Toyota liable for unfair interference in a contract Roger Hogan’s two dealerships […]

Retail Asia09/04/2019

Honda Motorcycle and Scooter India recently inaugurated its 1,000th dealership in India at Zirakpur in Punjab. The 1,000th Honda Exclusive Authorised Dealer is a 4S facility. With an aggressive expansion plan, Honda has added 3,300 touch-points in the last five years across the country. At present, HMSI has a total of 6,000 touch-points in India, […]

Tag: dealers

Motorbike dealerships offer steep discounts in post-Tet sales

Mercedes distributor profits down

Harley-Davidson Decides To Discontinue India Operations

Skoda To Add 100 New Dealers In India By The End Of 2020

Coronavirus Drags Car Dealers Into Digital Commerce

Mercedes-Benz India Dealerships To Cross The 100 Mark In 2020

Toyota’s War With Dealer Over Recalls Cost It $16 Million

Honda Motorcycle And Scooter India Inaugurates Its 1,000th Dealership